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Volunteers give support to rural students

VietNamNet Bridge – Rbam Y Ngot, 19, and his 63-year-old mother H Get Rbam were understandably nervous when they stepped off the bus in HCM City from Dak Lak Province yesterday, July 2.

IMF chief welcomes new president of World Bank

Christine Lagarde, managing director of the International Monetary Fund (IMF), on Monday extended her welcome to Jim Yong Kim, new President of World Bank Group, the sister agency of IMF, and looked forward to a close partnership

MIC plans cable TV restructuring, eliminating tens of service providers

VietNamNet Bridge – The Ministry of Information and Communication (MIC) is considering restructuring the cable TV market. It is expected that only three national enterprises and five local enterprises would be retained instead of 40 currently.

Motorbikes unsold, factory put on sale, satellite producers worried stiff

Ironically, the market slump has come just after motorbike manufacturers built more assembling factories to expand their business in Vietnam following a prosperous business period. This has forced them to rethink their production plans.

Eurozone crisis biggest threat to Austrian economy: IMF

The International Monetary Fund (IMF) on Monday said Austria's austerity measures as well as the speed of its budget consolidation were "appropriate," though risks to the economy remain, primarily from the eurozone crisis.

BUSINESS IN BRIEF 3/7

Retail sales leap 6.5% in first half; Trade associations need facelift; Rice yield rises by 466,000 tonnes; Cambodia ripe for more exports; Putting shop assistants on the front line; Smaller industrial parks preferred; Bike firms slip on banana skin

Credit expansion triggers inflation fears

The country's outstanding loans will likely grow by 2 per cent each month for the rest of the year, raising the national credit growth rate to 12-13 per cent by the year-end, according to the State Bank of Viet Nam.

SOCIETY IN BRIEF 2/7

Treatment for inborn heart disease begins; Four state auditors sentenced for pocketing $35,500; Potholes mar stretch of National Highway 1A; Dong Nai supports poor farm households

Electricity price up, making goods prices decrease impossible

Vietnamese consumers and businesses, who sighed with relief just some days ago when hearing about the petroleum and foodstuff price decreases, have been dazed by the five percent unexpected electricity price increase.

US Professor urges Vietnamese entrepreneurs to “dream big”

It is hard not be struck from the moment one arrives in Vietnam that this is one of the most entrepreneurial countries in the world.  Small businesses are thriving in shops, sidewalks and alleyways throughout Vietnam. 

Artist Kiet Le-a bridge between Vietnamese, Western music

VietNamNet Bridge – Recently, the social network site Facebook provided information on the world renowned Berlin Symphony Orchestra and music group BESA for their rendition of works by a Vietnamese composer,

Electricity prices to increase 5%

VietNamNet Bridge – Electricity will be sold at an average price of 1,369 dong (6 US cents) per kWh from July 7, up 65 dong per kWh or 5% over the current price, VAT not included.

Nine movies to go to Vietnam’s cinemas in July

VietNamNet Bridge - 'Brave', 'Ice Age 4: Continental Drift' and 'The Dark Knight Rises' are three remarkable movies that will be released in Vietnam this month.

Over 7 million USD raised to restore Hue

VietNamNet Bridge – During the period 1992-2012, individuals and organisations from across the world donated over 7 million USD to help preserve and restore historical sites in the ancient imperial city of Hue.

Vietnam, Argentina boost legislative ties

A delegation from the National Assembly led by Vice Chairman Uong Chu Luu, visited Argentina on June 28-29 to boost relations between the two legislative bodies and learn from Argentina ’s experiences in legislation and supervision.

Indian arts exhibited in HCM City

VietNamNet Bridge - Twenty-nine paintings by 14 famous Indian artists are exhibited at the Ho Chi Minh City Art Museum.

Disaster management gets the nod

VietNamNet Bridge – The Ministry of Agriculture and Rural Development (MARD) has approved a US$180 million disaster management project.

English curriculum unveiled

VietNamNet Bridge – The HCM City Department of Education and Training has announced details of its programme to make English compulsory at all school levels starting this year.

Torres wins Golden Boot

Fernando Torres won the Golden Boot as the 2012 European championship top scorer on Sunday.

School of Love aims to make people happy

Many people think that love is an instinct, purely a reflection of feelings. The idea of learning about dating skills makes some people feel nervous, worried that it may detract from an emotion that they believe should be natural and sincere.